Adding partner onto mortgage

hazel70 | 20:03 Tue 13th Feb 2007 | Business & Finance

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Can anyone tell me what the rules are on stamp duty adding a partner onto the mortgage. Is it right that you are liable for stamp duty on 50% of the original purchase price and if so does that mean no stamp duty is liable if the 50% falls below the �125,00 threshold.

Thanks

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hazel70

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Thanks for that they were very helpful and best of all we don't have to pay stamp duty!

Not at all. Glad to see the happy ending.

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